The growing demand for energy in Europe and the ensuing problems require service and customer oriented solutions. In order to further fulfill these requirements, a new subsidiary was founded in Brescia at the beginning of 2006 to render services of our comprehensive business activities, focused on the individual requests of our clients in their business environment.

We have been active in a number of projects in Italy over the past several years. In one case, we prepared a technical and economic evaluation of the 400 MW Combined Power Cycle Plant Teverola and, based on this evalution, provided an investment recommendation.

As a result of this recommendation, we were engaged as Owner’s Engineer and the various services were performed by our experienced engineers. Besides this project, several other thermal energy projects are in the planning phase which will further broaden our activities in Italy.